Financial Position - As of September 30, 2024, the company had 1,189,876initsoperatingbankaccountandworkingcapitalof863,999[109]. - As of September 30, 2024, the company had no long-term debt obligations or off-balance sheet arrangements[113]. Income and Expenses - For the three months ended September 30, 2024, the company reported a net income of 6,964,802,drivenbyinvestmentincomeof7,407,809, with general and administrative costs of 443,007[107].−FortheninemonthsendedSeptember30,2024,thecompanyachievedanetincomeof19,943,559, with investment income of 21,215,500andgeneralandadministrativecostsof1,271,941[107]. - The company expects to incur increased expenses due to being a public company, including legal and compliance costs[106]. - The company has entered into a monthly administrative service fee agreement of 16,667withitsSponsorforgeneralandadministrativeservices[114].−Thecompanyincurredofferingcostsof28,550,129 related to the Initial Public Offering, including 17,500,000fordeferredunderwritingcommissions[101].InitialPublicOffering−ThecompanycompleteditsInitialPublicOfferingonApril25,2023,raisinggrossproceedsof500,000,000 from the sale of 50,000,000 Units at 10.00perUnit[101].−ThecompanyhasuntilApril25,2025,tocompleteaBusinessCombination,oritwillredeempublicsharesatapriceequaltotheamountintheTrustAccount[104].−Thecompanyhascontingentfeesof732,045 with a service provider, payable only if a Business Combination is consummated[117].